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  2. Crypto giant Tether invests $775 million in Trump-friendly ...

    www.aol.com/finance/crypto-giant-tether-invests...

    Tether has amassed a large fortune in recent years thanks to its namesake stablecoin, which the company says will bring in over $10 billion in profits in 2024. Flush with cash, Tether's owners ...

  3. Rumble to receive $775 million strategic investment from Tether

    www.aol.com/news/rumble-receive-775-million...

    December 20, 2024 at 5:25 PM (Reuters) - Video sharing platform and cloud services provider Rumble said on Friday it has entered into an agreement with Tether, a blockchain-enabled platform, to ...

  4. Crypto giants Binance and Circle team up to take on Tether - AOL

    www.aol.com/finance/crypto-giants-binance-circle...

    Crypto traders have long used stablecoins because, unlike Bitcoin and other cryptocurrencies, they are not volatile, providing a way to park digital assets without incurring the transaction costs ...

  5. Tether (cryptocurrency) - Wikipedia

    en.wikipedia.org/wiki/Tether_(cryptocurrency)

    Tether (often referred to by its currency codes, USDâ‚® and USDT, among others) is a cryptocurrency stablecoin launched by Tether Limited Inc. in 2014. [3] [4]As of August 1, 2024, Tether reported having $118.4 billion in reserves, including $5.3 billion in excess reserves.

  6. Crypto firm Tether says it has frozen $225 million linked to ...

    www.aol.com/news/crypto-firm-tether-says-frozen...

    Crypto firm Tether said on Monday that it had frozen $225 million worth of its cryptocurrency which it said had been linked to a human trafficking group in Southeast Asia. The U.S. Secret Service ...

  7. Brock Pierce - Wikipedia

    en.wikipedia.org/wiki/Brock_Pierce

    Pierce was a co-founder of the cryptocurrency Tether with Reeve Collins and Craig Sellars in 2014. [38] Tether surpassed Bitcoin in trading volume with the highest daily and monthly trading volume of any cryptocurrency on the market in 2019. [39] Tether is a so-called stablecoin because it allegedly maintains $1 in reserves for each tether ...

  8. USD Coin - Wikipedia

    en.wikipedia.org/wiki/USD_Coin

    In July 2022, Circle reported that the circulation of USDC had reached $55 billion. [ 11 ] On March 11, 2023, USDC temporarily lost its peg to the US dollar after Circle revealed that $3.3 billion dollars, about 8% of its reserves, were jeopardized due to the collapse of Silicon Valley Bank the day before. [ 12 ]

  9. Tether freezes $873,000 in crypto linked to 'terrorism and ...

    www.aol.com/news/tether-freezes-873-000-crypto...

    Stablecoin issuer Tether has frozen 32 cryptocurrency wallet addresses containing a combined $873,118 it said were linked to "terrorism and warfare" in Israel and Ukraine, the company said in a ...

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